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Deposit inflows increase to 1.1 bln in June
EconomyMacroeconomyThe deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday.
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Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln
EconomyMacroeconomyThe pace of credit contraction in the Greek market accelerated for the second successive month in June, reaching 1.3 percent, Bank of Greece (BoG) figures showed on Thursday.
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Greece announces return to markets with 5-year bond, mostly targeting swap
EconomyFollowing days of rumours and press reports, the Greek government officially launched the process for a new bond offering on Monday afternoon.
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Travel receipts edge up 1.7 pct in May on higher foreign arrivals
EconomyMacroeconomyGreece's travel receipts edged up by 1.7 percent in May, decelerating from the 11.3 percent growth recorded in April, Bank of Greece (BoG) data revealed on Monday.
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Current account deficit rises by 124.3 mln in May
EconomyMacroeconomyGreece’s current account (C/A) deficit increased by 124.3 million euros to 581.6 million in May from 457.3 million a year ago, Bank of Greece (BoG) figures showed on Friday.
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Primary cash balance records deficit of 434 mln in first six months
EconomyMacroeconomyGreece’s central government primary cash balance turned to a deficit of 434 million euros in the first six months of 2017 from a surplus of 2.76 billion last year, Bank of Greece (BoG) data revealed on Wednesday.
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Credit standards and demand for corporate, household loans stay stable in Q2
EconomyMacroeconomyCredit standards for both corporate and household loans stayed unchanged from the previous quarter in Q2 of 2017, in line with earlier expectations, the Bank of Greece (BoG) bank lending survey showed on Tuesday.
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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 24th successive month in June, when it dropped by another 2.67 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
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Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBankingBank of Greece (BoG) released on Tuesday the third second issue of its semi-annual overview of the Greek financial sector presenting an analysis of the latest loan quality figures.
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomyThe Bank of Greece’s (BoG) monetary policy report, submitted to the Parliament last Friday, outlined a downwardly revised 2017 GDP forecast of 1.6 percent from 2.5 percent previously.